Blockchain wallet fees4/3/2024 ![]() ![]() As a rule, this applies to smart contracts. The payment amount directly depends on the operation complexity. It is necessary to pay to miners, as well as to ensure the correctness of the transfer. Gas is an internal monetary unit of the system used to conduct a transaction or smart contract. The term ‘gas’ is applied to estimate the final sum of fees that must be paid online to complete an operation. So, you have to compensate for their work, the same happens in the case of a completed transaction. ![]() Even if the operation is rejected, the miners need to confirm and execute calculations. The fees are paid despite the result of the activity. All fees are counted in gas and later are settled by ETH. ![]() When you interact with a contract, send ETH or tokens, or perform any actions on the blockchain, charges are applied for all the operations. ETH is the money unit on the Ethereum blockchain. ![]()
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |